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One possible reason why gold is setting new records in dollar terms is fear of default; i.e. a growing realization that some governments are on the verge of stiffing their creditors. Today, default is becoming a possibility not just for third world backwaters, but for large economies such as France (youtu.be)

posted 245 days ago by seernewday 245 days ago by seernewday +28 / -0

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– SOGWAP 2 points 245 days ago +2 / -0

Shit default was where we were heading before trump.

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– Deplorabledave1957 2 points 245 days ago +2 / -0

Many years ago ! I cant believe they kicked the can for this long.

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